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China Challenging the United States for World Wind Leadership

Saturday, 12 December, 2009 - 17:37
Author: 
(author unknown)
Source: 
Peak Oil News

Leadership of the global wind market is about to change hands. The United States—the birthplace of the modern wind industry—has held the top spot in new installations since 2005, growing at 50 percent a year and adding a record 8,540 megawatts of wind generating capacity in 2008. But if the credit-crunched U.S. industry adds only 8,000 megawatts in 2009, as anticipated, China’s new installations of some 10,000 megawatts will make it the world leader in annual additions. Having doubled its installed capacity in each of the last five years, this relative newcomer is now poised to dominate the wind energy industry for years to come.

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